I have a question.
If I open the multiplier a/c on 1st July & deposit 3000 into it on the same day.
Salary credit 3000 on 10th July.
Use DBS CC to buy a McD ice cream cone on 10th July to celebrate.
Deposit another 10K into the multiplier a/c on 25th July
Leave the a/c untouched till end of the month with no in/outflow.
Will the whole 16K be eligible for the 1.85%pa or just part of it?
If I open the multiplier a/c on 1st July & deposit 3000 into it on the same day.
Salary credit 3000 on 10th July.
Use DBS CC to buy a McD ice cream cone on 10th July to celebrate.
Deposit another 10K into the multiplier a/c on 25th July
Leave the a/c untouched till end of the month with no in/outflow.
Will the whole 16K be eligible for the 1.85%pa or just part of it?